Jabbock Ministries Inc

Analysis

Jabbock Ministries Inc is a registered charity in United States, based in Milner, GA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jabbock Ministries Inc reported income of $420k and spending of $333k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $273k to $420k (+54%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jabbock Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Impact Ministries of Myrtle Beach ($420k), Rockingham Council of Bible Education Inc ($420k) and Narrow Gate Horse Ranch Incorporated ($420k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $36k (11% of expenses). Other salaries and wages came to $112k. At year end it held assets of $734k against liabilities of $255k, net assets of $479k. It reported 5 employees.